ppt课件-timeandeffortreporting-officeofsuperintendentof.pptVIP

Time and Effort Reporting Office of Superintendent of Public Instruction (OSPI) * Why Does Time and Effort Continue to be an Audit Problem? Large percent of federal education funds used for staffing. Staff turnover. Decentralized responsibilities. Lack of adequate communication between program and fiscal staff. Complexity of applying requirements to variety of situations. People don’t like it! * Know The Basics * Where are the Requirements? Time and effort reporting is required under 2 CFR Section 225 (formerly Federal Office of Management and Budget’s Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments). Attachment B, Selected Items of Cost, Compensation for personal services. * When is Time and Effort Required? Time and effort reporting is required when any part of an employee’s salary is: Charged to a federal program. Used as match for a federal program. Employee’s time is split between an indirect and any direct cost objective. * What is an employee? Salaries, wages and benefits are charged under objects 2, 3 and 4. An employee is NOT a vendor or independent consultant/contractor. No time and effort is needed for non-employees. (See OMB Circular A-133 __.210 for vendor criteria.) * What type of reporting is needed? Single cost objective →Semi annual certification. Multiple cost objectives →Monthly time reports or Personnel Activity Reports (PARs). * What is a “cost objective”? A particular set of work activities for which cost data is accumulated. For purposes of time and effort reporting: Define cost objectives according to the set of work activities allowable under the terms and conditions of each funding source. (Examples: Parent Involvement or Professional Development in a Federal Program.) . * What are some typical examples of single cost objectives? The set of work activities allowable under: A single federal program. A single required set-aside/reserve in a federal program. Federal Special Education and State Special Edu